NEWS
Friday May 31 2013
Moratti still considers Inter sale

Massimo Moratti is reportedly continuing negotiations with Erick Thohir for anything from a 30 to 100 per cent sale in shares of Inter.

The Nerazzurri President has been in talks with Indonesian businessman Thohir in recent weeks over a proposed investment in the San Siro outfit as he looks to boost the club’s competitiveness on the transfer market and help fund construction of a new stadium.

Thohir was believed to have seen a majority ownership proposal - ranging from 51 per cent to 80 per cent to 100 per cent - initially turned down by Moratti.

Sportmediaset report that the President is unwilling to relinquish control immediately, informing Thohir that he has ‘no plans to sell Inter at this time’.

However, the Gazzetta dello Sport say that Moratti has yet to completely close the door on such a sale, and is said to be taking time to consider an offer reported to be between €250m and €300m.

The Corriere dello Sport suggest that Thohir has supplemented this majority transfer of shares with the promise of a €100m investment in the summer transfer window.

Reports elsewhere, though, suggest that talks are continuing and are centred instead on an initial minority share sale of between 20 and 30 per cent, which would then increase in the coming years.

Thohir is the eldest son of Teddy Thohir, who heads up an industrial empire worth €25bn.

The Corriere della Sera quote Moratti on the timeline that negotiations are being given: “We are checking whether there are the conditions for an agreement for the sale by my of a minority stake in the club.

“There’s no ultimatum, there are no deadlines.”

Think you know your Italian football? Share your knowledge, tips and comments to win cash prizes in OLBG's World Cup tipster competition - £10,000 to be won!

FOOTBALL ITALIA RELATED NEWS

TODAY'S FRONT PAGES